Prerequisite: It is recommended that students have taken a core of economics or finance courses. Meets for one-half semester and yields half-course credit.
An introductory course intended to explore fundamental legal issues and concepts that impact financial management. Recent events in commercial and financial markets make it evident that legal and compliance risks require the same level of scrutiny and review as other financial activities, such as capital budgeting. While this module does not undertake to completely or totally prepare students to engage in these reviews, it provides the basic building blocks. Students should emerge with an understanding of the nexus of law and finance. The text primarily used is Managers and the Legal Environment: Strategies for the 21st Century and is supplemented with case studies to ensure learning of the application of legal concepts. Usually offered every year.